The Shipping Corporation of India (SCI) has signed a Memorandum of Understanding (MoU) with Bharat Petroleum Corporation Ltd. (BPCL), Hindustan Petroleum Corporation Ltd. (HPCL), and Indian Oil Corporation Ltd. (IOCL) to jointly acquire, own, operate, and manage a dedicated shipping fleet. This initiative, facilitated by the Ministry of…
The final week of September is shaping up to be eventful for equity investors, with a series of important corporate actions scheduled between September 22 and 26, 2025. A mix of dividends, stock splits, bonus issues, rights offerings, and mergers will take place across leading companies in power,…
Pidilite Industries Ltd. (NSE: PIDILITIND) has announced that it will issue bonus equity shares in the ratio of 1:1, offering one additional fully paid-up share for every share held. The face value of each bonus share will remain unchanged at ₹1 per equity share. Record Date for Eligibility…
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has signed five Memorandums of Understanding (MoUs) with leading partners in the shipbuilding, port, and infrastructure sectors, marking a significant step in expanding India’s maritime ecosystem. The agreements were formalized during the ‘Samudra Se Samriddhi’ Mission in Bhavnagar on September 20,…
India’s financial regulators are preparing a significant step toward strengthening the country’s debt markets. The Securities and Exchange Board of India (SEBI), in collaboration with the Reserve Bank of India (RBI), is working on the introduction of corporate bond index derivatives — a move aimed at widening participation…
Investment to Boost Shipyard Capacity, Skill Development, and Maritime Innovation Swan Defence and Heavy Industries (SDHI) has inked a landmark Memorandum of Understanding (MoU) with the Gujarat Maritime Board (GMB) for a strategic investment of Rs 4,250 crore. This collaboration is poised to modernize India’s maritime infrastructure, create…
Several listed companies are in the spotlight today owing to fresh agreements, MoUs, acquisitions, and regulatory updates. Here’s a roundup of the latest developments from corporate India: Defence & Shipping Sector Moves Swan Defence Signs Rs 4,250 Crore MoU with Gujarat Maritime Board Swan Defence has signed a…
Synopsis: The US has scrapped the sanctions waiver for Iran’s Chabahar Port, effective September 29, 2025, ending India’s exemption and threatening penalties for firms involved. The move jeopardises New Delhi’s $370 million investment, complicates its bid to turn Chabahar into a regional trade hub, and undermines India’s strategic…
Synopsis: Adani Power has set September 22, 2025, as the record date for its 1:5 stock split, converting each ₹10 share into five shares of ₹2. The move is aimed at improving liquidity and broadening retail investor participation. Adani Power Limited has announced a stock split in the…
Synopsis: Jain Resource Recycling Ltd has fixed the price band of its ₹1,250 crore IPO at ₹220–₹232 per share. The issue opens on September 24 and closes on September 26, comprising a fresh issue of ₹500 crore and an offer-for-sale (OFS) of ₹750 crore. Jain Resource Recycling Ltd…